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talleyville0311

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talleyville0311

Re: jessellivermore post# 110192

Sunday, 07/16/2017 7:29:08 PM

Sunday, July 16, 2017 7:29:08 PM

Post# of 426450
I work for an oil company and we have the biggest play in west Texas right now our balance sheet is one of the best compared to other big players. We have over 3 billion in assets and can operate and make profit at 20$ a barrel. Pioneer natural resources is making a name for its self and we are just getting started.
I was on the drilling side and now the production side oil plays are good bets. WTI under 2 and nabors under 10 PXD should be back up to 200 range at some point. So yes sometimes selling now and falling back on other plays can work.
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